If your crypto is held in a centralized exchange, or with any other third party, it is at risk, as the crypto is not really yours and not in your control. It’s under the control of the centralized exchange that can do whatever it wants in your Crypto and you can risk losing it like what happened with FTX.
If you’re practicing self-custody your crypto can be at risk if you don’t practice educated self-custody.
You really need to spend some time educating yourself and protecting yourself against potential scams and exploits.
That is the way to have your crypto truly safe, under your custody, and with you having the knowledge to manage it securely.
In this video we dive into the importance of Self-Custody, and show you how you can safely self-custody your funds to make sure your Crypto is never at risk: https://www.youtube.com/watch?v=Spyy0NAfPi0
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